secondary shares

secondary shares definition - business

secondary shares

Shares in a stock offering in which proceeds go to other investors rather than the issuing company. Secondary shares have been previously traded and will not result in an increase in shares outstanding. Compare primary shares.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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